Millennials are more interested in "passion or experiential travel," which is why Airbnb's 'Experiences' service has grown by 2,500 percent since its launch in November, says Riccardo Ulivi, the division's head of North America. For the full interview, [click here](https://cheddar.com/videos/airbnbs-experiences-economy).

Share:
More In Business
Stretching Your Dollar: Holiday Budgeting Tips for Kids
With Christmas only 10 days away, some kids may notice that there's a lot of spending going on this holiday season. Dr. Regine Muradian, licensed clinical psychologist, joined Cheddar News to provide tips on how to teach kids the value of gifts and money.
Tipping Backlash Has Begun
It appears that people are cutting back on tipping with gratuity requests spreading far beyond bars and restaurants.
Load More